Granite Point Or Sachem Capital: I Went With Sachem's 11% Yielding A Preferreds [Seeking Alpha]
Granite Point Mortgage Trust Inc. (GPMT)
Last granite point mortgage trust inc. earnings: 3/2 04:56 pm
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US:NYSE Investor Relations:
investors.gpmortgagetrust.com
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Source: Seeking Alpha
GPMT trades at a 6.7% dividend yield versus SACH with a 19% dividend yield. Both mREITs are internally managed and trading at steep discounts to their book value per share. This stood at 59% for SACH and 62% for GPMT. The common equity of both REITs is risky. SACH's Series A preferreds are paying out an 11% dividend yield while trading at a 30% discount to their liquidation value. Elan Irving/iStock via Getty Images Granite Point Mortgage Trust ( NYSE: GPMT ) and Sachem Capital ( NYSE: SACH ) are both mortgage REITs out of favor with investors and with public preferreds that are trading at discounts to their $25 per share liquidation This article was written by Analyst's Disclosure: I/we have a beneficial long position in the shares of SACH.PR.A either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship w
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GPMT
News
- Granite Point Mortgage Trust (NYSE:GPMT) had its price target lowered by analysts at Keefe, Bruyette & Woods from $3.00 to $2.75. They now have a "market perform" rating on the stock.MarketBeat
- Granite Point Mortgage Trust Inc. Reports Third Quarter 2025 Financial Results and Post Quarter-End UpdateBusiness Wire
- Granite Point Mortgage Trust Inc. Announces Dates for Third Quarter 2025 Earnings Release and Conference CallBusiness Wire
- Granite Point Mortgage Trust (NYSE:GPMT) was given a new $3.00 price target on by analysts at Compass Point.MarketBeat
- Granite Point Mortgage Trust Inc. Announces Third Quarter 2025 Common and Preferred Stock Dividends and Business UpdateBusiness Wire
GPMT
Earnings
- 2/13/25 - Beat
GPMT
Sec Filings
- 11/12/25 - Form 4
- 11/12/25 - Form 4
- 11/12/25 - Form 4
- GPMT's page on the SEC website